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FOR THE UKNKFIT OF 



( AMIVRIDGE VOLUNTEERS. 



cambkidgp: : 

PRESS OF JOHN F'ORD, HARVARD SQUARE. 

18 0.-?. 



REPORT 



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FOR THE BENEFIT OF 



CAMBRIDGE VOLUNTEERS. 






CAMBRIDGE: 

t'RESS OF JOHN FORD, HARVARD SQUARE 

1863. 



Bm. AthM 

Mar 28 06 



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REPOKT OF T1I1{ TRUSTEES. 



In conformity with the recommendation of" the committee to 
whom was referred the subject of considering what disposition 
ought to be made of the balance of the Subscription Fund for 
Volunteers, above the ten thousand dollars already appropriated for 
Life policies, viz., '' That the Trustees report yearly to the Subscri- 
bers the condition of the Fund and the appropriations made from 
it," which recommendation was, by a vote of the Subscribers, 
adopted at the meeting held Sept. 12th, 1862, the Trustees of the 
Subscription Fund for the Cambridge Volunteers, beg leave to 
make the. following report. 

In order to render the course of action of the Trustees more 
intelligible, it is proper to reca{>itulate briefly the leading facts in 
the history of the Association of the Subscribers to the Fund for 
the benefit of Cambridge Volunteers, previous to, and at the time 
of the appointment of the Trustees. The first movement for col- 
lecting the Fund was made in July, 1862, for the purpose of / 
obtaining the means tor insuring the lives of Cambridge Volunteers. 
The success of the undertaking was such that by the middle of 
August more than §25,000 were secured, an amount much greater 
than was required for the purpose of insurance. At the first 
meeting of the Subscribers, Aug. 22d, 1862, it was voted " to appro- 
priate $10,000 for procuring policies of life insurance," and a 
committee of five — the Mayor, INIessrs Raymond, Cushing, Tyler, 



and Davis — was appointed to attend tO' this business. A secoiuJ 
committee of three — Messrs Houghton, Beck, and J. AVarreif 
Merrill — was appointed at the same meeting, to consider what 
disposition ought to be made oi" the balance of the Subscrip- 
tion above the $10,000, The committee on insurance adopted.. 
Au<''. 27th, 1862, a list of one hundred and seven persons whose 
lives were to be insured at the New England IMutual Life Insurance' 
Company, and authorized the Secretary to make the necessary 
api)lication at the office of that Insurance company. At a subse- 
quent meeting of the Subscribers, Sept. 12th, 18G2, the committee- 
to whom was referred the subject of considering what disposition 
ought to be made of the balance of the Subscription Fund above 
the $10,000 appropriated for procuring policies of life insurance, 
made their report, which was, with some amendnrents and slight alter- 
ations, adopted. The principal recommendations of the report were^ 

— that the balance of each annual instalment, not reqiaired for policies 
of life insurance, is to be put into the hands of seven Trustees, 
chosen by the Subscribei's from among their own number, one, at 
least, from each ward, who are r.uthorized to offer such sum to the 
City of Cambridge as a loan on call at six per sent, interest, or to' 
invest it otherwise on ample security at the best rate they can. 
obtain ; — that the interest of this Fund is to be appropriated for 
the direct assistance of such persons as the Trustees may consider 
deserving ; and tlie whole Fund is, at the expiration of the war, tO' 
be appropriated for the purchase of Life Annuities, or such other 
permanent provision, as may seem best to the Trustees, of sick 
and disabled soldiers who have been in the military or naval service 
of the United States, and also of the widow, child or children, oi 
parent, who may be left destitute by the death of the husband- 
father, or son, or such other persons as may have been dependent 
upon the deceased soldier for support ; — that a committee of ladies- 
three or more from each ward, is to be appointed to aid the Trustees 
in procuring trustworthy information on which to base their action ; 

— and, tinally, that the Trustees report yearly the condition of the 



Fund, antl the appropriations made from it ; that they may, at any 
time, call a meeting of the Subscribers, and, upon the application of 
one-third of the Subscribers, shall call a meeting. The Trustees, 
seven in number — Charles Beck, J. Warren Merrill, Thomas 
Dana, Geo. Livermore, H. O. Houghton, John C. Dodge, and S. S. 
Sleeper — : were chosen. At the same meeting two other votes 
were j^assed, one, " that the Insurance committee jjass over the 
policies to the Trustees, who shall take charge of them and pay the 
premiums from time to time as they may become due ; " and the 
other, " that such of the policies as the committee deem proper, be 
made payable to the chairman of the Trustees, or such member of 
the board of Trustees as they may designate, for the benefit of the 
parties for whom they were intended." 

The board of Trustees met and organized Sept, 12th, 1862, and 
at the same time voted to loan the balance of the Fund, as soon as 
the same should be ])aid by Mr. .Jos. Whitney, acting as Treasurer 
of the Subscribers, to the City of Cambridge on call at six per 
cent. The Declaration of Trust, drawn up by John C. Dodge, and 
reported to the Trustees, Sept. 29th, 1862, and adopted by the 
same, was, at a meeting of the Subscribers, Oct. 3d, 1862, commu- 
nicated, and, according to a vote of the Subscribers, deposited with 
the Treasurer of the City. At the same meeting the Subscribers 
V <ted "that Mr. Jos. Whitney be requested to pay the balance in 
his nands, amounting to $10,003.49, to the Trustees." 

It will be apparent to the Subscribers, from the foregoing state- 
ment that the duty of the Trustees is a threefold one; 1st, to take 
charge of the policies procured by the Insurance committee, to pay 
the premiums from time to time as they may become due, and to 
apply the insurance of deceased soldiers in such a manner that the 
persons for whose benefit the policies were obtained may derive the 
greatest possible advantage ; 2d, to appropriate the interest of that 
portion of the Fund, which is left, after the payment of the annual 
premiums for the policies, for the direct assistance of such persons 
as the Trustees may consider deserving; and 3d, to appropriate the 



whole Fnnil, at the expiration of tlie war, to the purchase of Lite 
Annuities, or such other permanent provision as may seem best to 
the Trustees, for sick and disabled soldiers who have been in the 
mihtary or naval service of the United States, and also for the 
Avidow, child or children, or parent, who may be left destitute by 
the death of the husband, father, or son, as the case may be, or 
such other person as may have been dependent upon the deceased 
soldier for support, or to whose support said deceased soldier may 
have heretofore regularly contributed. The action of the Trustees 
has, during the past year, of course, been limited to the first two 
objects. 

1st. Life Insurance policies. The Insurance committee having 
voted, Aug. 27th, 1862, to insure the lives of one hundred and seven 
A'olunteers, at the New P^ngland Mutual Life Insurance Office, in 
Boston, paying the premium of insurance of one of them, who had 
effected an insurance at another office, the necessary payment was 
made. Twelve policies have become due, in consequence of the 
death of the insured, during the past year, and been paid : and the 
amount of $6,000 has thus been distributed among twelve families 
who have lost their husband, father, or son. 

In com})liance with a vote of the Subscribers, passed at the 
meeting, Sept. 12th, 1862, viz., "That such of the pohcies to be 
issued on the lives of soldiers as the committee deem proper, be 
made payable to the chairman of the Trustees, or such member of 
the board of Trustees as they may designate ; the said policies to 
be assigned and delivered to the parties for whose benefit they were 
intended, or held and collected by said Trustees, and applied to the 
benefit of such parties in such manner as such Trutsees may deem 
best, or as such Trustees, in such instances may deem most expe- 
dient," the Trustees voted, at their meeting, Sept. 13th, 1862, 
" that the policies be made payable to Chai'les Beck, Chairman of 
the board of Trustees ; " and have in each case, after careful inves- 
tigation of the circumstances, api)ropriated the proceeds in such 
manner as seemed to them for the real and permanent benefit of 
the pai'ties interested. 



The Trustees voted, July 25th, 1863, " that the Finance com- 
mittee be, and they hereby are, authorized to renew the maturing 
policies of insurance on the lives of soldiers as they may from year 
to year mature, and to pay the premium on the same ; " and the 
Finance committee accordingly attended to this duty for the ensuing 
year. 

The Trustees adopted tiie principle of paying the premium of 
insurance in cases of soldiers who have been disabled while in the 
service of the United States. In conformity with this principle the 
policies of two discharged and disabled soldiers were continued, 
exclusive of the war risk. Other discharged soldiers have the 
privilege of retaining their jiolicy by paying themselves the suc- 
ceeding premiums as they fall due. 

2d. Direct assistance of soldiers and their families. As soon as 
the tirst interest on the money loaned to the City became due, the 
Trustees attended to this branch of their duty. The first step was 
to appoint, June 19th, 1863, the Ladies' committee, as authorized by 
a vote of the Subscribers. The Trustees selected fifteen ladies, 
three from each ward, who, with one exception, expressed their 
readiness to perform the duties assigned to them. They were : 
Ward 1. Miss Bo wen, IMiss Gary, Mrs. H. W. Paine ; 
Ward 2. Mrs. Albert Vinal, Mrs. W. W. WeUington, Miss 

Wheeler ; 
Ward 3. Mrs. L. Marrett, Mrs. J. R. Knight. Miss Mary 

Parmenter ; 
Ward 4. Mrs. Dr. Morse, Mrs. S. P. Teele, Miss Mary Harris ; 
Ward 0. Mrs. Sage, Mrs. Oliver Taylor, Miss Presby. 
At the same meeting a statement of the duties of the Visiting 
committee of Ladies, reported by Hon. J. C. Dodge, was approved 
and ordered to be printed and distributed among the ladies of the 
committee. A joint meeting of the Trustees and the Ladies' com- 
mittee was appointed for June 27th, 1863, at which the plan of 
operation was discussed, and the ladies completed their own organ- 
ization. At the meeting of the Trustees, July 25th, 1863, it was 



voted : '"• that tlie stun to be appropriated in aid of sick and wounded 
soldiers, or their families, shall not exceed, at any one time, the 
sum of ten dollars." 

Assistance has been thus furnished in seven cases, each case 
having been carefully investigated and reported upon by the respec- 
tive sub-committees of the ladies. 

For the Trustees. 

CHARLES BECK, Chairman. 
Cambridge, Oct 'dUt, 18G;3, 



LIST OF SUBSCRIBERS 

TO THE FUND FOR CAMBRIDGE VOLUNTEERS. 



Charles Beck, 
William F. Stearns, 
Luke Carter, 
George Livermore, 
J. P. Melledge, 
J. Warren Merrill, 
Richardson, Deane & Co. 
J. M. S. Williams, ' 
Richard M. Hodges, 
Thomas G. Appleton, 
Thomas Dana, 

David Humphrey, 
Henry W. Longfellow, 
William Read, 
Alanson Bigelow, 
Samuel Batclielder. 
Charles Cushman, 
Curtis Davis, 
Eben M. Dunbar, 
John C. Dodge, 

Henry O. Houghton, 

Lewis Hall, 

Charles L. Jones, 

Lucius A. Jones, 

Charles C. Little, 

Nathaniel G. Man son, 

Charles E. Norton, 

C. H. P. Plympton, 

Samuel B. Rindge, 

S. S. Sleeper, 

Arthur *Wilkinson, 

P. Francis Wells, 

WiUard Phillips, 



$2,000 


George L. Ward, 


250 


2,000 1 


Jared Sparks, 


250 


1,000 1 


George W. Abbott, 


200 


1,000 i 


Mrs. E. H. Blatchford, 


200 


1,000 ' 


Charles F. Choate, 


200 


1,000 


Charles W. Eliot, 


200 


, 1,000 


David B. Flint, 


200 


1,000 


Rob. 0. Fuller, 


200 


600 i 


Gardiner G. Hubbard, 


200 


500 


Estes Howe, 


200 


500 


J. Russell Lowell, 


200 


500 


Samuel F. Nay, 


200 


500 


Louis Agassiz, 


150 


500 


Stephen G. Davis, 


150 


300 


Henry R. Glover, 


150 


300 


Edward W. Kinsley, 


150 


300 


George Meacham, 


150 


300 


Theo. Parsons, 


150 


300 


Robert B. Storer, 


150 


300 


Emory Washburn, 


150 


800 


James S. Whitney, 


150 


300 


Warren Bacon, 


100 


300 


George W. Colburn, 


100 


300 


Levi Conant, 


100 


300 


Charles H. Cummings. 


100 


300 


Charles Davenport, 


100 


300 


Alexander Dickinson, 


100 


300 


Ezra C. Dyer, 


100 


300 


George L. Foote, 


100 


300 


Charles C. Foster, 


100 


300 


John C. Gray, 


100 


300 


Joseph Goodnow, 


100 


250 


H. R. Harding, 


100 



10 



A. E. Hildreth, 


100 


Wm. P. Butterfield, 


50 


Edward Hixon, 


100 


F. L. Chapman. 


50 


Avery F. Howe, 


100 


Hosea Clark. 


50 


Edward Hyde, 


100 


Edward R. Cogswell, 


50 


George Lucy, 


100 


Richard H. Dana, Jr., 


50 


J. N. Merriain, 


' 100 


Eliphalet Davis, 


50 


Mrs. A. L. Mering, 


100 


Charles Eaton, 


50 


Joel Parker, 


100 


S. T. Farwell, 


50 


0. Pickering, 


100 


P. F. Folsom, 


50 


Geo. C. Piper, 


100 


A. T. Frothingham, 


50 


Henry C. Rand, 


100 


Miss Mary Harris, 


50 


Z. L. Raymond, 


100 


H. N. Hovey, 


50 


Cbas. Tiieo. Russell, 


100 


J. S. March, 


50 


Solomon Sargent, 


100 


Arthur Merrill, 


50 


Benjamin G. Smith, 


100 


Lucius R. Page, 


50 


Eben Snow, 


100 


J. Stacy Read, 


50 


Henry Thayer & Co., 


100 


Edward Richardson, 


50 


J. A. Wellington, 


100 


Wm. T. Richardson, 


50 


J. C. Wellington, 


100 


Nathaniel D. Sawin, 


50 


E. P. Whitman, 


100 


Wm. V. Spencer, 


50 


Wm. L. Whitney, 


100 


D. H. Thurston, 


50 


Joseph E, Worcester, 


100 


J. H. Tyler, 


50 


Frederick Gould, 


75 


Moses Warren, 


50 


Augustus Russ. 


75 


0. W. Watris, 


50 


Allen «& Endicott, 


50 


John Conlan, 


25 


Richard F. Bond, 


50 


Converse Fi-ancis, 


25 


A. Z. Brown. 


50 


J. H. Sparrow, 


25 


Daniel S. Brown, 


50 


Abel Willard, 


25 



$27,650 



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LIBRPRY OF CONGRESS 

II 



014 013 383 8 



